MEDIA RELEASE
Prime Processors, Inc. Rolls Out 100% Paperless Application-to-Close eMortgage Process in Florida
For more information contact: John Tattan
614.316.7871
jtattan@closingprime.com
July 12, 2007 - for immediate release--- Prime Processors, Inc., working with AmTrust Bank and Stewart Lender Services, has introduced the first completely paperless eMortgage loan process in Florida. Beginning in July 2007 this process will be available exclusively through the Prime Processors, Inc.
Using Stewart Lender Services SureClose software to track and sign Uniform Residential Loan Applications, RESPA disclosures, and other required documentation, the mortgage broker professional can cut the time it takes to originate a mortgage loan in half. Borrowers get the advantage of total transparency. From Stewart's website: "With SureClose, home buyers and sellers have immediate access to their real estate transaction documents the minute they become available. And, you can provide a seamless online home buying and selling experience-from listing to close."
Our vision for paperless lending is now at your fingertips, enabling you to close loans more profitably, efficiently and error-free! Because we've converted all legal closing documents to a digital format, borrowers can now electronically sign (eSign) the closing documents with the simple click of a mouse.
Using Prime Processors, Inc. as the catalyst, brokers in Florida will benefit from their strategic business relationships. To quote Director of Operations, Patrick Lawson, "Unique innovations in the mortgage processing industry have fueled this joint venture and will continue set the standard for how borrowers interact with their mortgage professionals."
To learn more about working with Prime Processors, Inc. contact John Tattan at 614-316-7871 and review related links below.
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Related Links:
VIDEOS-
News footage of "hybrid" eClosing:
Overview of eProcess (created by MERS and Stewart): Depending on internet connection speed this video can take up to 5 min. to load.
Overview of Amtrust eSign:
PDF DOCUMENTS-
Overview of the eProcessing Service we provide:
Price list for Signature Pads:
Prime Processors Submission Form:
Prime Processors Processing Agreement:
Stewart FAQ:
Amtrust eSign Consumer Marketing Flyer:
Amtrust Broker Flyer:
MBA FAQ:
Freddie Mac Flyer:
Fannie Mae Flyer:
Thursday, July 19, 2007
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